Good Neighbor Pharmacy
Formerly known as American Business Development Center
Bottom line
- Total investment $44K – $575K including a $0 franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 69/100. SBA loan default rate of 0.0% across 28 loans (below the industry average).
- System contracting at -5.4% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Good Neighbor Pharmacy unit return on the cash you put in?
Unlevered ROIC · per unit
39%
In Yale's "attractive" band (30–60%)
Overview
About
Good Neighbor Pharmacy franchisees operate community pharmacies focused on prescription filling, medication counseling, and retail health products. Day-to-day operations include managing pharmacy staff, handling prescription intake and insurance claims, dispensing medications, and competing with major chains and mail-order services. Franchisees depend on franchisor support for compliance, purchasing power, and operational systems.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 4 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
High-risk investment in declining pharmacy franchise with severe regulatory/litigation exposure, going concern doubts, shrinking unit base, and opaque financial disclosure.
Score breakdown · what drove the 69 / 100 rating
- 01MINORDeclining unit count (2,361 units, -4.6% YoY) indicates contracting franchise system with potential saturation or performance issues
- 02HIGHExtensive litigation history including False Claims Act settlements, opioid distribution MDL settlements, public nuisance verdict, and DOJ Controlled Substances Act violations creates significant legal and operational risk
- 03HIGHGoing Concern status is FALSE — indicates substantial doubt about franchisor's ability to continue operations, threatening franchisee support and brand viability
- 04MINORNo average revenue or net income disclosure (Item 19) prevents prospective franchisees from assessing realistic earning potential and ROI
- 05MINORUnprotected territory with $599 monthly royalty creates competitive vulnerability; franchisor can saturate your market without compensation
- 06MINORWide investment range ($43,797 – $575,205) suggests highly variable unit economics and unclear capital requirements
- 07MEDZero franchise fee indicates potential financial weakness of franchisor and limited resources for franchisee support and system development
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
100 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Good Neighbor Pharmacy · FDD (2026) PDF